This is what I saw on Bloomberg, it sounds like a rip the band aid off move and reset stock values to align with the zig.
Earlier this month, Mthuli Ncube, the finance minister, told lawmakers that he expected the ZiG to end market volatility and also stabilize asset prices on the stock exchange. The ZiG has strengthened 2% against the dollar since its debut.
I understand the rip-the-bandaid-off element to this, but there is no way that I would equate "end market volatility and stabilize asset prices" to be the same as wiping 99.95% capitalization off your stock market overnight.
That's not aligning stock prices to the ZiG...it's aligning them to Zero.